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Updated over 5 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • Florida
27
Votes |
74
Posts

Late paying tenant, what should I do?

Account Closed
  • Rental Property Investor
  • Florida
Posted

Hello BP team!

I wanted to pick everyone's brain on an issue that I'm having.....I have a tenant that is paying rent, but it is late every month. She pays the late fee, and actually breaks up the rent payment into two different amounts, half at the beginning of the month, and half later on, but is always paid in full by the end of the month. The property manager just recently brought this to my attention as it has been going on for several months. I told the property manager that it needs to stop. She communicated this to the tenant, and now the tenant (conveniently) has said the house needs several repairs. The property manager then instructed her to send over pictures. I have not seen any pictures of supposed repairs as of yet. 


My concern is that this is a slippery slope. If I don't "put my foot down" I'm worried she will continue to pay late and might end up missing payments. However, on the other hand, I don't want to move to evict and have the heartburn around that process. The other idea I had was to just not renew her lease. Oh and BTW the property is located in Memphis, TN. Any thoughts team?  

but by the end of the month.

Most Popular Reply

User Stats

319
Posts
329
Votes
Russ B.
  • Investor
  • Cleveland, OH
329
Votes |
319
Posts
Russ B.
  • Investor
  • Cleveland, OH
Replied

If she's suddenly complaining about needed repairs when late rent becomes an issue, you may want to do an inspection on the unit.

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